click to show more information

click to hide/show information About your Search

20121202
20121210
SHOW
Hannity 10
( more )
STATION
KGO (ABC) 42
MSNBCW 38
KPIX (CBS) 37
CNNW 35
KTVU (FOX) 32
SFGTV 32
FOXNEWS 21
FBC 20
CSPAN 15
KRON (MyNetworkTV) 15
SFGTV2 15
CNBC 11
KICU 10
CSPAN2 8
MSNBC 8
( more )
LANGUAGE
English 463
Search Results 0 to 49 of about 463 (some duplicates have been removed)
of the appropriations and budget committee. also joined by georgetown university tax law professor john buckley on how the alternative minimum tax is affecting fiscal negotiations. "washington journal" is next. ♪ ♪ host: 25 days to go before the united states faces the fiscal cliff, the white house has rejected a proposal from house republicans to prevent tax hikes and spending cuts at the end of the year. no formal talks between the two sides are scheduled today. will go outside the nation's capital to get your voice involved. republicans -- democrats -- independents -- send us a tweet, post your comments on facebook, or send us an e-mail. we begin with some of the papers across the country today and how this latest proposal from house republicans is playing out in the papers. courtesy of "the atlantic journal-constitution" -- here is "the denver post" -- finally, here is "of the arizona republic" -- here is "the washington post" on what is inside this deal -- we want to get your take on this. what do you think? ted in new york, a democratic caller. what do you think? caller: good morning. i do n
know where both sides are on taxes. i think we understand that. but to the speaker's point, we have not had any discussion and any specifics with this president about the real problem, which is spending. we have got to do something about the spending. and obsessions to raise taxes is not going to solve the problem. what will solve the problem is, doing something about the entitlements, taking on the wasteful spending in washington. we can't just keep borrowing money and raising taxes and expecting the problem to go away. that is our point to the president. and as the speaker said, we want to sit down with the president and want to talk specifics. we put an offer on the table now. he has out of hand reject that had. where are the specifics and where are the discussions? nothing is going on. the people of this country are suffering. we ask the president, sit down with us and be serious about the specifics in the spending so we can stop the wasteful spending in washington and finally address the problem. >> as we continue to try to solve the fiscal cliff, the thing we have continued to
will happen on the tax treatment of that stuff. i long it for long-term fort foalos. david asbin is coming up on forbes on fox. you are watching all things news. you are watching fox and dave and now. well, liberal are fanning in america today pushing the president's agenda for tax increases with few if any spectaculars about spending cuts. many of these are specific about what they don't want cut and don't touch entitlement spending echoed by democraticic lawmake. >> i think social security should be taken off from the table. >> moment yoize social security or voucherize medicare or block grant medicaid you lose us. >> but the new forbes report showing that moreeople in the states are taking money from the government than the private sector, can our nation afford a deal that doesn't put so-called entitlements on the table. i am dave. we'll go t mike, to you. we have to put entitlements on the table? >> for the sake of the over all economy we must put enments on the table. over the last four years entitlement spending is growing faster than the over all economy. this is why president obama ha
-class families face the distinct possibility of higher tax rates in january. with so many americans who are still struggling to find their economic footing after the deepest recession of our lifetimes, these looming tax hikes would be hard for those middle-class families and they are completely unnecessary. newspaper stories day after day on the so-called fiscal cliff often omit that the senate has passed legislation to shield 98% of families and 97% of small businesses from the income tax part of this so-called fiscal cliff. we passed the middle-class tax cuts act on july 25 of this year and we sent the measure to the house of representatives. did speaker boehner and the republicans in the house promptly pass this popular bill and send it to president obama for his signature? did they move to protect 98% of middle-class families from this tax hike in january? no. no. they decided to hold the middle-class tax cuts passed by the senate hostage in an attempt to push for tax cuts for the folks they care the most about, the top 2% of highest earning households. republicans fighting for millionaires a
obama. i really liked mitt romney. why do i have to pay less taxes than my friend from massachusetts? that really bugged me. host: that is stephen from connecticut. tyrone is a republican from the bronx. caller: i think hillary clinton would be an excellent candidate in 2016. i think she handled the middle eastern issue to the best of her ability. also, as far as the gop is concerned, i think she has made strides toward eliminating the tax spending through various commitments with private entities and organizations that are coming out of the woodwork. i was watching earlier today and what they were requesting from the white house was let's fix this problem by incorporating a small businesses and less government intervention to curb the deficit. it has been astronomical. then i heard barack obama say the way we are going to do it is by making more cuts in various ways. he was saying by making more cuts and the only people it is going to hurt is the working class and somewhat of the middle-class. he should mention the fact that out of control spending has a lot to do with the credit ca
civilians. right now, i want to start with the story of the week. the tax man cometh. the main thing between president obama and congress over the fiscal curb is the unraveling of the con sen sense. glover nor quis managed to get every single republican running for office from school boards up to president, signing a pledge that reads, i pledge to taxpayers to one, oppose any and all efforts to increase the income tax rates for individuals and or businesses and two, oppose any net reduction or elimination of reductions in credits unless matched dollar for dollar. his pledge has been useful to the republican party for a number of reasons. first, it led the republican party to push tax policies that move hundreds of billions of dollars into the bank accounts of wealthy people. it's also given the central right a single, simple policy objective to pursue, no matter what. a kind of north star for modern conservatism. now, members of congress seem to be losing their way. >> there's a lot that has been said about this pledge. i will tell you, when i go to the constituent that is reelected me, it's
will be cut by january 1 in order to avoid sequestration and all the tax hikes? mark, i will start with you. >> i think it is 80% that we will avoid sequestration. the question is, though, is this going to be a big enough deal, and will actually be enough of a down payment that it will lead to something else subsequently that will actually avoid the kind of enormous consequences of $16 trillion of debt? that percentage will be lower than the 80%. >> let's come back to the big picture -- in the short term, by january 1 -- will we avoid the cliff? >> i think it is likely that we avoid it. it does not appear that that is going so well. it is so easy for us just to do the things we need to do. i think the real line in the sand is going to be the debt ceiling. i really do think -- i have said that for a long time. i think that is when, hopefully, by that time anyway we will have real entitlement reform, which will bring all of this together. >> chris? >> i think it is better than 50% that we are able to get an agreement before january 1. but that is premised on a belief that our republican colle
calls, e-mail, and tweets. after that, a look at the estate tax which is set to go up at the end of the year unless congress and the white house act. [captioning performed by national captioning institute] [captions copyright national cable satellite corp. 2012] senior republican aides are contemplating a fallback plan for the so called "fiscal cliff", which includes extending tax cuts for the middle class and resuming a fight over spending and taxes for the wealthy later. meanwhile, going overseas, nato makes a move on the turkish border with syria. military officials deny preparations for military intervention. protesters in egypt march on the palace as mohamed morsi flees. international and domestic news is all on the table for you this morning as we open up the phone lines. also, send us a tweet. or post your comment on facebook. or send us an e-mail. we will get back to that new york times story. first, some other headlines on the domestic front. here is the "washington times." also, sticking with the senate, the baltimore sun reporting this headline -- in politics, here is
>> you know, we should be playing the baeleatles, tax man take a walk and i'll tax your feet. welcome to tax eeerything america. good morning, everyone. income, dividend, interest, deductions, all financial transactions, granny's new hip, your mortgage interest. as we start the week it's all about raising taxes not cutting spending. tax everything. but there are rich people who will avoid the obama tax increases the board of directors at costco will get a huge tax windfall by paying themselves a big dividend this year. and jim senegal, charlie monger, bill gates' father all on the board in favor of taxing the rich, really? and the debate on guns front and center. that murder-suicide involving the kansas city linebacker brings on the call for gun control and the possibility of head injuries in football and drugs and alcohol. all right, everybody, monday morning, "varney & company" about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba ding the great rrier reef with sharks, or jumping into the marke he goes with people he trus,
, reagan did hold up his end of the deal and went along to support the tax increases. however, it -- on their side of the equation and did not implement the spending cuts, and so, this also happens again under the elder george bush's presidency, so i have very little confidence in democratic leadership's willingness to stand by a pledge to cut any spending at all. host: thanks to all the calls this morning. the house of representatives is about to come into session. the chair lays before the house a communication from the speaker. the clerk: the speaker's room, washington, d.c., december 4, 2012. i hereby appoint the honorable gregg harper to act as speaker pro tempore on this day. signed, john a. boehner, speaker of the house of representatives. the speaker pro tempore: pursuant to the order of the house of january 17, 2012, the chair will now recognize members from lists submitted by the majority and minority leaders for morning hour debate . the chair will alternate recognition between the parties with each party limited to one hour and each member other than the majority a
, for an obama bailout. so, who is next? california, illinois, good question. raise tax rates on the rich or no deal. yeah, the line has been drawn again. president obama says america is poised to take off, but only if the republicans agree to tax the rich directly. he will only accept higher tax rates. how will speaker boehner respond to that? he speaks within the hour. and how about this, top anchors at a news network visit the white house for a cozy chat with the president. tell us, mr. president, how can we sell your tax the rich policy? citigroup, 11,000 jobs gone. "varney & company" about to begin. having you shipy gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ me announcer ] break from e holiday stress fedex office. >> we'll begin with sad news. dame elizabeth mother of news corporation chairman and chief executive rupert murdoch died at age 103. news point company fox. now sad news. and he's raised tax rates and he was elected based on his tax the rich pol
and team boehner are back at the negotiating table. but there is still substantial disagreement on tax rates, tax revenues, domestic spending and entitlement reform and the clock is ticking. speaking of tax hikes, europe's grand experiment with taxing the rich more is falling apart, especially in france and britain. and here at home, california and new york are passing through the 50% tax rate barrier. is anybody looking at how tax hikes fail the test of economic growth? >>> back here in the u.s., could it be michigan which used to call itself the worker's paradise union state is now moving towards new anti-union right-to-work legislation and it looks like it's going to pass? but first up, budget talks resume between speaker john boehner and president obama today. with just 25 days to go, let's keep tabs on where we stand. reports of a conservative backlash against speaker boehner simply not true. he has the solid support of his leadership and the rank and file. but there is concern among some in the gop that they are at risk of becoming the party for rich people while president obama
. people know that, you know, 98% of americans could have their tax rates stable and not have their taxes go up. and you know, there are some taxes that would go up if we two off the fiscal cliff. you're talking about a family that makes about $50,000 having a tax increase of $4,000. melissa: congresswoman, this drives me crazy. when we look at all the numbers we immediately start talking about taxes. it seems like we're looking for revenue under every single rock. that's fine. even if we raised taxes that are proposed by the white house, it will raise $82 billion. it is one half of 1% of the problem. we have a $16.3 trillion debt. all of this talk about raising taxes doesn't get us even close to solving the problem. it doesn't even start the conversation. it is not a drop in the bucket. we've got to reform our spending or grow the economy. but just raising taxes isn't going to do it. >> well, i agree with you 100%. that's why the president as well as the democrats have called for a balanced approach. so of course we can't raise enough taxes to completely deal with the deficit. and you do
duty increase, freezing tax are raising the personal allowance next year he thinks will be most benefit for the family? >> what i would say to my honorable friend is with have to take some difficult decisions. we've had to take difficult decisions on welfare of bring along tax breschel, operating but i try to help families were can with the personal allowance, with fuel duty. i've tried to help business. it will be extremely welcome. >> how can the chancellor seriously attend he -- [inaudible] when the 7 billion pounds he referred to today we take up to seven years to realize at the rate of 1000 a year against the rate of tax avoidance of 35 billion year? when the general anti-avoidance will be also refer to is far too narrowly drawn to be effective, and if you would listen to this, when he himself is actually now introducing a tax cut, tax havens from 23% to just 5%. >> what i would say is i don't think he's got the right figures. we are increasing the amount recovered of taxes that should have been paid from 13 billion under the labour government to 20 billion. it's an 11 billion poun
of a government-insured reverse mortgage. it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>neil: and if republicans thought there was wiggle room in the white house tax position no less than treasury secretary geithner put that to rest. >> rates and revenues, tax rates, tax rates, tax rates. higher rates. rates go up. tax rate increases. higher rates. rates will we have to go you. rating rates. tax rates going up. >>neil: we will have a quiz. what was he saying? a lot? that is the administration's way saying tax rates or take a hike. >>guest: the president is in an ideological position and geithner who is famous for not paying taxes is perfectly happy to carry white house water on capitol hill and on the tv shows and this, really
taxes and entitlement cuts point toward a deal by christmas. what is standing in the way? this morning, the debate is ight here. the house speaker's top lieutenant, congressman kevin mccarthy, and top white house ally, the assistant senate majority leader, dick durbin. mccarthy and durbin square off. >>> then, what is the political endgame for both republicans and democrats? who wins and who loses as this fight drags on? >>> plus, the future of the republican party is a hot topic as both sides start plotting the 2016 campaign. our political roundtable features two former capitol hill insiders, newt gingrich and lawrence o'donnell. plus, three journalists on the story. >>> the looming fiscal cliff 22 days away. we'll go inside the negotiations with two top leaders in just a moment, but i want to start with the ongoing crisis in syria where the assad government is cracking down on its own people. and this week something significant happened. the president signalled a big potential shift in u.s. involvement there. >> i want to make it absolutely clear to assad and those under his command,
which would trigger tax cuts and spending increases unless taxes increase on the top two percent of wage earnings. >> i want you you to understand when it comes to raising taxes on the wealthy. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> oh, absolutely. there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthy. >> all right. it appears the very definition of the american dream is now being rewritten by president barack obama. now, today our commander-in-chief publicly said he's not going to play games with the fiscal cliff, but that is just not reality. right now the president is playing a very dangerous game of chicken and this is with your paycheck and the american dream. meanwhile, the republicans have allowed themselves to get caught in a circular firing squad. they're negotiating publicly among themselves while true conservatives and tea party members are being removed from key committees. today speaker john boehner adopted the president's class wawarfare rhetoric. shocking? watc
for the thousands pass a middle-class tax cut which we approved here in the senate in july. as the days until the country goes over the fiscal cliff goes by, more and more republicans have joined our chorus. they recognize that the willing misto compromise sooner has put them in a real bind. so reasonable republicans are asking the house leadership to allow a vote on the senate-passed legislation. what was once a trickle has become more of a flood. last week republican representative tom cole said it was time to give middle-class families certainty their taxes won't go up by $2,200 on average on january 1. then tim scott from north carolina ad admitted that the senate-passed tax cut will surely pass the house since it will take only 26 republican ren votes for passage. i don't most of the time agree with david brooks but no one can dispute this columnist for "the new york times" is brilliant in writing. he's a great, great journalist and explains things so well. i really have great admiration for him. he wrote yesterday, "republicans have to realize they are going to have to cave in on tax ra
cliff than not to raise tax rates. so obama pushing higher taxes on the top 2%, not for economic reasons but for i'd logical reasons but there is also this obvious fact. obama wants to raise the top rates for political reasons. now that is he wants to force republicans to raise tacks in order to trigger a civil war within the gop and the conservative movement, and in that respect sadly obama is having some success. now so long as this debate is focused not on cutting spending but on raising daxs and revenues with the only question being which taxes, how much revenue, then obama wins. now if obama succeeds in making the argument not about his spending, but about grover norquist, he wins there, too. for republicans, on the other hand, if they can figure out a way to refocus the debate on spending, they win and the country wins. we can't kid ourselves that's correct is not easy to do. obama has the biggest microphone in the land and he also has the media in his hip pocket. all the gop has is control of the house. now it's very hard, it's inherently hard for any brin. of congress to present
's looming tax hikes and spending cuts commonly known as the fiscal cliff. despite a call between president obama and john boehner, the two sides appear to be no closer to a compromise. are republicans working on the scenes on a plan b? wall street journal columnist, dan henninger and kim strassel. you have bean working the phones, is there something going on between speaker boehner and the president? >> no, i think that they are nowhere and it's because the president is refusing to budge at all on the top toks ratestopx rates and we'll go off the cliff if the republicans don't acreed to that demand. so we're still at a stand still. >> paul: kim, why is the president so insistent on increasing tax rates? boehner has already put on the table a comparable amount of money to be gained from putting a cap on deductions, about 800 billion over ten years, so such a-- >> look, paul, two reasons. first is ideological. his partisans, his liberal base believe this is somehow a symbol of winning the tax fight and you can only do that by raising the rates on the wealthy in the country and they're insist
of the republican party today. with senator demint speaking on the idea that $800 billion of tax increases were offered. but he got the backing of mitch mcconnel. take a listen to what he had to say. >> i think it sis important tha the house leadership is trying to mov move it forward. i had hoped that we would be accomplishing more in the real talks. but i can tell you, there is nothing going on privately that is not going on publicly. even as he has to deal with this rebellion. he has to deal with democrats and harry reid's comments today give you a sense of where they are coming from. >> they have to come up with specific revenue. and they refuse to do that. it is a simple question of arithmetic. you can't get from here to there unless you raise the rates. so as you know in washington, a rebellion in the ranks like this could be a problem. but in the spohort-term, if it remains constrained. it could be a good negotiating term. he could say i have offered everything that i have and still get this thing passed. you know, i never hear the discussion about spending. i'm not saying you. it is abo
. what's the compromise that both sides can live with on taxes, spending cuts and entitlement reform? >> i think we'll get a deal. everyone realizes how important it is, our economy is moving up some, not fast enough but some, and to go over the cliff would be terrible. i think we'll get an agreement. the reason i think we'll get an agreement, what's standing in the way is revenues, particularly making that top rate go up to 39.6 but we're seeing real progress in that regard in two ways. first, a good number of republican conservatives, people like colter and crystal, said we have to do it. last week tom coburn said it's preferable, cutting deductions and business leaders who support mitt romney, the head of fedex and at&t saying let it happen. the president won the election on that issue and i think you will see our republican colleagues reluctantly say 39.6. >> let me interrupt and bring in senator corker. senator schumer's right, a growing number much republicans and conservatives, not a majority, but a growing number, are saying we have to cave on tax -- on raising tax rates, not
struggles with crisis our official representative may be a celebrity bungler. new taxes announcing, these are taxes no matter how the fiscal cliff works out. and larry ellison knows it and pays to avoid a dividend tax. gets 200 million dollars. i'm still shaking my head. ambassador anna wintour? "varney & company" is about to begin. [ male announcer ] this is steve. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the marke hgoes with people he trusts, which ishy he trades with a company that doesn't nickel and dime im with hidden fs. he caworry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. i heard you guys can sp ground for ss than the ups store. that's right. i've learned the only way to get a holiday deal is to camput. you know we've be open all night. is this a trick to t my st? male announcer break frothe holiday stss. save on ground shipping at fedex office. >> ambassador anna wintour, it's got
class tax cut. the president would probably have me sprint up to the hill to bring the bill down for him to sign. it can be done like that. it is not complicated. >> greg: speaker bane -- >> reporter: speaker john boehner not so optimistic. >> this is not a progress report, there is no progression to report. report. >> reporter: he blasted for not offering a counterproposal to his plan and they seemed more than ever going to stop the tax increase. economy shrugged off hurricane sandy to create 146,000 new jobs, nearly double what forecasters had said, job creation for september and october was revised downward by a total of 49,000. another 350,000 people were so discouraged in november they simply stopped looking for work and left the labor force, which is why the unemployment rate dipped to 7.7%. >> raising taxes on small businesses is not going to help our economy and it's not going to help those seeking work. i came out the day after the election to put revenues on the table. take a step toward the president to try to resolve this. when he is going to take a step toward us? >> analyst
the presidential campaign what president obama used to say over and over again about tax rates? about what his plan was for tax rates? president obama was crystal clear about what e he wanted. >> i have said that for incomes over $250,000 a year that we should go. back to the rates that we had when bill clinton was president. >> i want to reform the tax codes so that it's fair. the same rate we had when bill clinton was president. >> we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that spe
my lips. no new taxes. >> read my lips, no new taxes. george h.w. bush hammered that mantra to win the white house in 1988. but just two years later, the reagan deficits were skyrocketing and president bush was forced to change his most famous line. >> long and bitter battle over the budget officially ended last night. president bush put his signature on the deficit reduction package, including $140 billion in tax increases. >> tax increases. that was a turning point for the modern republican party. the right wing went crazy. and george bush lost re-election. since then the party's been committed to never compromising on the tax issue, no matter the deficit. no congressional republican has voted for an increase in taxes since 1990. think about it. for nearly a quarter of a century, no new income taxes. in the current congress, 236 house republicans vowed never to raise taxes. 40 gop senators also kept that pledge. even president george w. bush, the man who got us into two wars we didn't pay for. the president who exploded our deficit. he insisted the solution to our problems were m
spending cuts and tax increases? we'll talk with two senators on the front lines of the debate. democrat charles schumer, and republican, bob corker. then, the u.s. draws a red line. telling syrian president aassad not to use chemical weapons in the country's civil war. we'll discuss the intelligence and the possible fallout with israel's ambassador to the u.s., michael oren, a fox news sunday exclusive, plus the supreme court agrees to take up same sex marriage. we'll ask our sunday panel what the court is likely to decide, whether gays have a constitutional right to marriage. >>> and, a final farewell to my best friend, winston. all, right now, on fox news sunday. ♪ >> chris: and hello, again from fox news in washington. well, it is beginning to feel like ground hog day, in the talks to avoid the fiscal cliff. both sides dug in, no agreement in sight. and, we're now just 23 days from the brink. joining us to break down where things stand, are two leading senators. democrat charles schumer, of new york. and, republican bob corker, of tennessee. gentlemen, house speaker boehner said on
plan contains 800 billion in new taxes, half of what the president was looking for. more importantly, the gop plan keep tax rates the way they are now. we know that is a deal maker for the tie-breaker for the presidents. joining me now, the man some democrats blame for the fiscal cliff impasse, grover norquist, president of americans for tax reform. and the many and as a finger to about fixing it, michael reagan, founder of the reagan group. i want to start with the republicans plan that they put on the table. they have been accused of doing nothing and all. they come up with their own plan which includes 800 billion in revenue from closing loopholes and eliminating deductions and then 1 billion in spending cuts. it is being rejected from the get go by democrats. grover, what do you say? >> i think the republicans had a very good plan called lorraine budget. they all voted for it in the house. it saves $6 trillion over the same decade, and they did not raise taxes and all. i really think of the president is not interested in compromising, and not sure it is wise with the republicans
of revenue from taxes on the rich, right? >> yes. >> the republicans said okay, we'll give you that certain amount of ref knew, and do it on the rich, but the way we'll do it on the rich is deductions and closing loopholes that impact only the rich. >> right. >> to the president gets the same amount of money, he gets it from the same people, but rather than raising taxes, the republicans say we're going to do it this way, and he says no. why does he say no to that? it's the same money from the same people giving it up. >> yeah. i think he's saying no because he likes the deal that he has in place. >> it's the same amount of money. >> no, no. >> the same people. i mean, it's the same revenue and it's from the same people. >> the reason i think he's saying no, and i think he will say no to just about anything the republicans put forward is because the fall back position is better for him than any deal that the republicans are going to put forward. the fallback position is a tax increase on everybody and back to where prebush tax cuts, and he can then have his big increases in taxes and then a
shouldn't send them more tax revenue. this is exactly why. they may try to help people, but they are terrible about it. they never actually succeed. when you look at what is going on. neil: when they are out there to see what's going on, i have a couple of friends of the show that residents that were out there instead. >> rht. neil: i think that is what is concerning me. getting it backwards i think new jersey, something like $10,000 up to $40,000 -- we have to vent for the money back and we have to wait for someone in a building in washington dc to decide where the money is going to be distributed when we should just keep it in the house. you know, keep the taxes the same, but let new jersey pulled onto a larger version of it. neil: melissa? >> you know the faces, you know how to help them. when this country relied more on the community, your friends, your church -- the people around you. it work bette neil: it's like with school shootings and all that. gun advocates, whatever you do, don't use something like bad. climate change is the same thing. where theyre going to
campaign to pass the tax cuts. the president is also taking time to be fesive. john boehner doesn't sound so merry. >> no progress report because there's no progress to report. when it comes to the fis e call cliff that's threatening our economy and threatening jobs, the white house has wasted another week. >> the phone call was pleasant, but was just more of the same. the conversations that the staff had yesterday, just more of the same. it's time for the president if he's serious to come back to us with a counteroffer. >> even though the president apparently designed the negotiating sessions at boehner's request. according to "the new york times," boehner insisted the talks include only himself and the president of the united states. boehner wanted senate democrats and nancy pelosi out of the discussions. democratic senator dick durbin told the times this is now the speaker and the president working this through. democratic leaders say they are satisfied with the briefings that they continue to receive. nancy pelosi seems perfectly happy putting pressure on the republicans. >> why are w
, on taxes, spending cuts, and entitlement reform? >> well, i think we will get a deal. i think everyone realizes how important it is. our economy is moving up some, not fast enough but, some, and to go over the cliff would be terrible. i think we will get an agreement. and, the reason i think we'll get an agreement, what is standing in the way, is revenues, particularly making that top rate go up to 39-6 but i think we are seeing real progress in that regard in two days. first, a good number of republican conservatives, people like coulter and bill kristol said we have to do it and, tom coburn says, in terms of the deduction and, mitt romney and the republicans and head of fedex and at&t saying, let it happen. so i think that is likely to happen. the president won the election on that issue and i think you'll see our republican colleagues reluctantly say, okay. let's go up to 39.6. >> chris: senator, let me interrupt right there and bring in senator corker. senator schumer is exactly right. a growing number of republicans and conservative, not a majority but a growing number are saying,
, and new tax revenues. there was a three page letter signed by speaker boehner, majority leader eric cantor, and other senior republicans including representative paul ryan. and this mornings "washington journal," we heard about tax reductions and credits that would go away if the fiscal cliff passes in january. >> board or series looking into the so-called fiscal cliff, we turn our attention to deductions and tax loopholes. some of them are potentially on the chopping block. joining us from the wall street journal is don mckinnon. thanks so much for joining us today. what are the loopholes and deductions? we hear those words a lot, but what are they? guest: loopholes or tax breaks of all different sorts, and whether you like a particular loophole or not depends on where you sit, i guess. there are lots of loopholes that are deductions. deductions are those that most people are familiar with. the big, itemized deductions are things like the home mortgage interest deduction. there is a deduction for state and local taxes that is very important, the deduction for charitable contributions is r
Search Results 0 to 49 of about 463 (some duplicates have been removed)